PAYMENT CARD SETTLEMENT OPPORTUNITY
On September 18, 2018, a Superseding and Amended Definitive Class Settlement Agreement was filed with the Court. This is a proposed $5.56–$6.26 billion settlement to provide payments to merchants who accepted Visa and MasterCard at any time from January 1, 2004. The terms of this proposed settlement would modify, amend and supersede the Definitive Class Settlement Agreement in which approval was reversed and remanded by the Second Circuit Court of Appeals on June 30, 2016.
If the Court grants preliminary approval to the new settlement, relevant documents, dates, deadlines and other information will be posted on this website. Following preliminary approval, known class members would be mailed a notice about their legal rights and the release of their claims. Information about the settlement would also be published in online media as well as in newspapers, consumer magazines and trade publications.
Potential claimants do not need to sign up with a third-party service in order to participate in any monetary relief as no-cost assistant will be available from the Class Administrator and Class Counsel during the claims filing period. However, claim forms and payments are not available at this time. If the Court grants final approval and any appeals are resolved, the Court will approve a claim form and set a claim deadline. Updates about the settlement can be found on the official court-authorized settlement website at: https://www.paymentcardsettlement.com/en
Class Action Capital specializes in the research, education, data collection, analysis and claim filing of complex class action settlements. Our value is understanding the entire class action landscape and bringing to your attention those settlements which are the most financially beneficial.
Our offer is to assist your company in recovering your pro-rata share of the settlement funds by handling all the heavy lifting. Many companies that we speak with are eligible for these refunds but do not wish to pursue the claims filing internally due to limitations on their time and resources. Additionally, many firms’ data retention policies limit the relevant documentation they can readily gather.
The only thing Class Action Capital needs to get started is for your company to complete our Claim Authorization Form below. Once completed we will get to work analyzing your claim to prepare and file for the impending deadlines in a timely manner.